CDSL Q4 Results: Cons PAT zooms 86% YoY to Rs 267 crore; revenue jumps 93%
The board has announced a final dividend of Rs 19 and a special dividend of Rs 3 per share to commemorate the 25-year silver jubilee celebrations of CDSL. EBITDA stood strong at Rs 148 crore, up by 111% from Rs 70 crore for the same period last year.
In segment-wise revenue, the revenue from depository activity grew by 88.3% from 98.30 crore to Rs 185.08 crore and the margins also showed a significant increase of 580 bps YoY at 61.4%, up from 55.6%.
CDSL is Asia’s only listed depository, maintaining and providing services to 11.56 crore+ investors as of March 2024. During the fiscal year 2023-24, over 3.26 crore new Demat accounts were opened, with a record 1.09 crore of these registered in the Q4 FY 23-24 alone, the highest quarterly registration of demat accounts in CDSL's history.
“As we transition from our 25-year anniversary, we remain committed to empowering market participants with digital services like ASBA, e-AGM, eDIS, and Margin pledge mechanism. These tools enhance capital market efficiency and security, and our sustained business and financial growth is a result of the trust placed in us by the stakeholders of the capital markets. We are grateful to our investors and all stakeholders for their unwavering support and look forward to continuing our journey together," said Nehal Vora, MD & CEO of CDSL.
Also read: Kotak Mahindra Bank Q4 Results: PAT jumps 18% YoY to Rs 4,133 crore, beats estimates
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